Here is your daily LawFact from Wise Law for Friday July 29, 2016. Today we are talking about Business Law.
By incorporating your company, you will reduce the possibility that the principals of your company can be held personally liable for debts of the company.
By incorporating your company, you will reduce the possibility that the principals of your company can be held personally liable for debts of the company.
Even
in an incorporated company, directors may still be personally liable for unpaid
taxes and in some cases, unpaid wages.
- Garry J. Wise, Toronto
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